Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    833 3Rd St La Salle, IL 61301

    Sponsored
    For Sale
    $350,000

    Turnkey Restaurant, High Traffic Area, Vacant

    Property size:
    3,188 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3,188 square foot restaurant located at 833 3rd Street in LaSalle, Illinois, presents a unique investment opportunity. Priced at $350,000 ($109.79/sq ft), this vacant, single-unit property boasts a prime location in a high-traffic area near the downtown core. Built in 1994, the building features a single story with a 10-foot ceiling height and sits on a substantial 28,300 square foot lot. Ample parking is available with 50 spaces provided. The property is zoned for commercial use and is offered as a NNN lease. The restaurant is well-maintained and comes equipped with many recent updates, including fixtures, equipment, and furniture. Significant kitchen equipment is already in place, minimizing start-up costs for a new operator. A walk-in cooler is also included. This turnkey operation is ready for immediate occupancy, offering a rare chance to establish or relocate a thriving restaurant business in a desirable location. The property's APN is 1815401019. This is a vacant property with zero remaining lease term.

    Property Features for 833 3Rd St

    General Information

    Property type
    Restaurants
    Square Feet
    3,188 SF

    Building Details

    Year Built
    1994
    Stories
    1
    Units
    1

    HighLights

    • 10‑foot ceilings.
    • High‑traffic location with excellent visibility.
    • Ample on‑site parking available.
    • Recently renovated interior with modern finishes.
    • Flexible floor plan adaptable to various business needs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    La Salle
    County
    LaSalle
    State
    Illinois
    Longitude
    -89.0938283
    Latitude
    41.3307922

    Nearby Comparable

    • New
      $349,900
      0.20 Acres

      Mixed-Use Building with Apartment Potential

      Mixed-use building with six apartments and retail space potential.
      801 1St St, La Salle, IL 61301
      View Details
    • $180,000
      2,800 SF

      La Salle Bar & Apartment Building

      Profitable Mixed-Use Investment
      945 1St St, La Salle, IL 61301
      View Details
    • $1,500,000
      1.23 Acres

      Versatile Commercial Building in LaSalle

      Expansive commercial building with flexible zoning and high visibility.
      235 3Rd St, La Salle, IL 61301
      View Details
    • $250,000

      Retail Pad on 3rd Street

      0.59 acre retail pad site with high visibility.
      145 3Rd St, La Salle, IL 61301
      View Details
    • Contact for pricing
      0.12 Acres

      Corner Industrial Lot Available

      Corner industrial lot in Peru, Illinois, check with Village on uses.
      000 6Th St, Peru, IL 61354
      View Details
    • Contact for pricing
      12,215 SF

      2900 sf of treatment\/exercise space

      3 reception offices
      310 Walnut St, Peru, IL 61354
      View Details
    • $399,000
      3.92 Acres

      Commercial Land in Peru, IL

      High visibility commercial land ready for development in Peru, IL.
      2 16Th St, Peru, IL 61354
      View Details
    • $39,000
      0.37 Acres

      Industrial Zoned Land in Peru

      Industrial zoned land available in Peru, Illinois.
      999 6Th St, Peru, IL 61354
      View Details
    • Contact for pricing

      Commercial Lot on Shooting Park

      0.44 acre commercial lot suitable for food and beverage.
      1201 Shooting Park Rd, Peru, IL 61354
      View Details
    • $750,000
      2,964 SF

      La Salle Warehouse: 21 Acres

      Prime Industrial Warehouse, High Traffic Area
      522 Us-6, La Salle, IL 61301
      View Details
    • Contact for pricing
      1,676,480 SF

      98 Acres Industrial Land Available

      98 acres of industrial land with rail frontage.
      I-80 & Plank Rd, Peru, IL
      View Details

    Nearby Similar for Sale

    • New
      $349,900
      0.20 Acres

      Mixed-Use Building with Apartment Potential

      Mixed-use building with six apartments and retail space potential.
      801 1St St, La Salle, IL 61301
      View Details
    • $1,500,000
      1.23 Acres

      Versatile Commercial Building in LaSalle

      Expansive commercial building with flexible zoning and high visibility.
      235 3Rd St, La Salle, IL 61301
      View Details
    • $105,000

      Established Restaurant Business Opportunity

      Thriving restaurant business with loyal following in Ottawa/River Valley.
      Confidential St, La Salle, IL 61301
      View Details
    • $750,000
      2,964 SF

      La Salle Warehouse: 21 Acres

      Prime Industrial Warehouse, High Traffic Area
      522 Us-6, La Salle, IL 61301
      View Details
    • $180,000
      2,800 SF

      La Salle Bar & Apartment Building

      Profitable Mixed-Use Investment
      945 1St St, La Salle, IL 61301
      View Details

    FAQs

    What type of property is this?
    Restaurant - Turnkey Restaurant, High Traffic Area, Vacant
    Where is this restaurant located?
    The property is located at 833 3Rd St La Salle, IL.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: 10-foot ceilings.; High-traffic location with excellent visibility.; Ample on-site parking available.
    Request Owner's contact information
    833 3Rd St La Salle, IL 61301
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    833 3Rd St
    La Salle, IL 61301
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    833 3Rd St La Salle, IL 61301
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.